| Genasys Inc. | |||||||||||
| Condensed Consolidated Statements of Operations | |||||||||||
| (000's omitted except share and per share amounts) | |||||||||||
| (Unaudited) | |||||||||||
| Three months ended | Nine months ended | ||||||||||
| June 30, | June 30, | ||||||||||
| 2020 | 2019 | 2020 | 2019 | ||||||||
| Revenues | $ | 11,971 | $ | 8,864 | $ | 29,029 | $ | 29,233 | |||
| Cost of revenues | 5,500 | 4,262 | 13,946 | 14,351 | |||||||
| Gross profit | 6,471 | 4,602 | 15,083 | 14,882 | |||||||
| Operating expenses: | |||||||||||
| Selling, general and administrative | 3,330 | 2,713 | 8,884 | 7,939 | |||||||
| Research and development | 1,200 | 1,203 | 3,233 | 3,531 | |||||||
| Total operating expenses | 4,530 | 3,916 | 12,117 | 11,470 | |||||||
| Income from operations | 1,941 | 686 | 2,966 | 3,412 | |||||||
| Other income and expense, net | 36 | 70 | 202 | 126 | |||||||
| Income before income taxes | 1,977 | 756 | 3,168 | 3,538 | |||||||
| Income tax expense | 473 | 118 | 742 | 675 | |||||||
| Net income | $ | 1,504 | $ | 638 | $ | 2,426 | $ | 2,863 | |||
| Net income per common share: | |||||||||||
| Basic | $ | 0.05 | $ | 0.02 | $ | 0.07 | $ | 0.09 | |||
| Diluted | $ | 0.04 | $ | 0.02 | $ | 0.07 | $ | 0.09 | |||
| Weighted average common shares outstanding: | |||||||||||
| Basic | 33,289,426 | 32,575,118 | 33,122,042 | 32,684,311 | |||||||
| Diluted | 34,280,915 | 33,372,777 | 33,878,243 | 33,341,057 | |||||||
